We are pleased to announce: Scott Valley Bank has opened a branch in Medford, Oregon
Medford, Oregon is home to a new business-focused bank, Scott Valley Bank Business Banking Group.
Scott Valley Bank President/CEO, Timothy S. Avery recently announced the Northern California-based Bank’s expansion and conversion of its 10-year old Medford, Oregon, Commercial Loan Center into a full-service branch banking office. The new office is part of the Bank’s Northern Region which extends from Redding, CA to Southern Oregon and is under the supervision of Executive Vice President Dan Taylor.
With the opening of this new branch, Scott Valley Bank is a 13-branch bank with reported assets as of March 31, 2011 of just over $470 million. The Bank operates nine traditional bank branches in Far-Northern California and three Business Banking Centers in the greater San Francisco Bay Area. Mr. Avery explained that the Bank’s Medford office will follow the same business banking model as in its Bay Area locations – offices that are focused on high-touch, personalized, consultative business banking.
Regarding the new office, Mr. Avery stated, “We take pride in the Bank’s ability to meet the diverse needs of the markets we serve - from the small business environment of our rural and agricultural markets to the corporate environment of urban areas. Expansion into Medford is a natural fit for our Bank. Most Far-Northern California residents consider the Rogue Valley to be part of their own region and a valued resource for many services. We are delighted with the team who will be serving local businesses from our Medford office. We are fortunate to have experienced bankers Lori Williams, Mike Bingaman and Diana Hunt as part of our Medford team.”
Avery continued, “I’ve been asked what we mean when we say we offer high-touch business banking. Quite simply it is that our bankers truly allocate the time and resources to get to know their clients and to understand their respective business model resulting in our ability to provide the best fit for their banking needs. We enjoy the luxury of being a very well-capitalized, highly liquid financial institution that is not restricted in its lending focus. We still actively pursue all forms of commercial lending, even in these challenging times, and we look forward to demonstrating that advantage in the Rogue Valley.”
Scott Valley Bank Business Banking Group opened in its new location at 1345 Poplar Drive, Medford, Oregon
on Monday, May 2, 2011 and can be reached at 541-770-3177.